BOE Minutes
Jan 23, 9:52 AM EST |
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| Employment had risen by 0.4% in the three months to October and the employment rate had edged up. |
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| CPI inflation had remained at 2.1% in November, although RPI inflation fell. The contribution from petrol prices rose to its highest level since 2000, but there were falls in the contributions from retail gas and electricity prices. |
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UK GDP Advances 0.6% in Q4
Jan 23, 11:31 AM EST |
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| Total production output rose by 0.3% in the fourth quarter of 2007, compared with zero growth in the third quarter. |
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| GDP increased by 0.6% in the fourth quarter of 2007, compared with 0.7% in the third quarter. A slight acceleration in production was more than offset by weaker growth in services. For the 2007 year GDP increased by 3.1% compared with 2006. |
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UK Retail Sales Drop by 0.4% in December
Jan 18, 7:52 AM EST |
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| In the three months to December the seasonally adjusted index for volume of retail sales rose by 0.4% over the previous three months. |
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| The volume of sales in predominantly food stores in the latest three months rose by 0.3 per cent over the previous three months. In predominantly nonfood stores sales showed no growth. Between November and December the volume of sales fell by 0.4%, reflecting decreases in non-specialised stores and other predominantly nonfood stores. |
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UK Unemployment Dropped to the Lowest Since 1975
Jan 16, 8:55 AM EST |
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| In the latest reference period; the working age employment rate was 74.7 per cent, up 0.3% on the previous quarter. |
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| This month''''s figures show an increase in both the number of people in employment and the employment rate. The number of unemployed people, the unemployment rate and the claimant count have all fallen. The inactivity rate and the number of inactive people of working age have both fallen. The number of vacancies has increased. Growth in average earnings, both excluding and including bonuses, is unchanged. |
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UK CPI Rises 0.6% in December
Jan 15, 10:46 AM EST |
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| CPI annual inflation – the Government's target measure – was 2.1 per cent in December, unchanged from November. |
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| The largest upward contribution to the change in the CPI annual rate was from food and non-alcoholic beverages, particularly cauliflowers, tomatoes, onions and cabbages. Bread and cereals; and sugar, jam, confectionery and chocolate also contributed. |
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U.K. Producer Prices Rise in December
Jan 14, 8:32 AM EST |
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| The output prices measure for all manufactured products rose 0.5 per cent in December, mainly reflecting rises in petrol and food products. |
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| In December, output price annual inflation for all manufactured products rose to 5.0 per cent. Input price annual inflation rose from 10.9 per cent in November to 11.3 per cent in December. |
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U.K. Industrial Production Misses Views at -0.1%
Jan 14, 8:11 AM EST |
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| Total production output decreased by 0.1 per cent between October and November. |
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| Manufacturing output decreased by 0.2 per cent in the three months to November 2007 compared with the three months to August 2007. Output decreased in six out of the 13 sub-sectors, six sub-sectors increased output and one sub-sector remained unchanged. |
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UK Trade Gap Widens in November
Jan 10, 11:01 AM EST |
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| The latest estimate of the trend suggests that the UK trade deficit is fairly flat in recent months. |
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| The UK’s deficit on trade in goods and services is provisionally estimated to have widened marginally in November to £4.4 billion, from a deficit of £4.3 billion in October. In the three months ended Balance of trade November, the deficit on trade in goods and services widened to £13.4 billion, from a £12.1 billion deficit in the previous three months. |
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U.K. Retail Sales Advance 0.3% in December
Jan 08, 8:36 AM EST |
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| UK retail sales rose only 0.3% on a like-for-like basis, compared with December 2006, when sales were up 2.5%. |
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| December''''s growth was the weakest since the decline in March 2006 when sales were hit by Easter falling in April in 2006. It was the worst December figure since 2004. The three-month trend rate of growth fell to 0.8% from 1.8% in November for like-for-like sales, and to 2.8% from 3.8% for total sales, reflecting the continuing growth of retail space. |
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